Fashion’s Top Takeaways From Tech Earnings

7 Nov

The most recent round of tech earnings isn’t quite over yet, but with Apple’s numbers added to the heap last week, probably the most influential platforms for fashion, beauty and e-commerce have all weighed in — and by and huge, Big Tech appears to be back. Kind of. Apple’s fiscal fourth-quarter revenue of $89.5 billion beat expectations, as did other top-line figures from fellow giants Google, Meta and Amazon. But this time, it took more to impress investors, who cared less about raw numbers than the businesses’ plans, particularly in an era of artificial intelligence that’s driving radical changes in areas like shopping and fashion. Even an apparent rebound in internet marketing seemed somewhat anticlimactic, as a recent measure of...

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4 Jun

An Artist, a Luxury Fashion House and the Start

by Beauty Tips

Fashion, Featured

What began over pizza in Milan with Miuccia Prada has turn out to be a model value mimicking on the subject of bringing more diverse creatives into the fold. And the Italian fashion house has Theaster Gates to thank for much of it. The artist and chairman of Prada Group’s diversity and inclusion advisory council has been busy bringing Black creatives to larger stages as a part of the Dorchester Industries Experimental Design Lab he co-created with the style house in 2022. Fourteen creatives across disciplines — including fashion but extending to culinary arts and architecture, amongst others — were chosen for the three-year collaborative program designed to each bolster their work and broaden their reach. Earlier this month, three of the...

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3 Apr

Managing Fashion’s Inventory Influx

by Beauty Tips

Fashion, Featured

Fashion corporations might sell dreams, but they’re within the business of creating the looks those dreams hang on. And business has been tricky. The stop and go of the pandemic made an almost unattainable situation for brands and retailers. First, pandemic-driven supply chain backups kept goods from stores. Then a bounce back — and a few overenthusiastic buying — created a glut that retailers have spent the last 12 months clearing out. It’s a project that’s only partially accomplished. A sample reading of 20 top retailers by WWD found that only 1 / 4 managed to really reduce inventories last 12 months, while a majority still had inventories up greater than 20 percent. The caveat is that not every business is similar — some...

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28 Mar

EXCLUSIVE: L.A. Brand Offers Glimpse Into Fashion’s Future With

by Beautifaire101

Beauty, Featured

Digital-forward fashion brand Ilona Song’s Futuristic Fauna and Primavera collections will bloom in the actual and virtual worlds this week, and the hassle may offer a glimpse into how the style business — from design to runway shows to distribution — could look in the longer term. The young, Los Angeles-based fashion house is thought best for its Luv dress, a heart-shaped gown first made available in digital form that went viral last yr due to a virtual try-on feature, with variations worn by stars like Madonna, Cher and viral fashion avatar Noonoouri. Now there’s a physical version of the garment on the market, and with Ilona Song’s so-called “phygital” bona fides established, the virtual dress is heading to Decentraland’s Metaverse...

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